Central Banks Bank of England


  • Market 'overexcited' about BoE rate hike: Pro

    Simon Derrick, chief currency strategist at BNY Mellon, says the market was "overexcited" about the prospects of a U.K. rate hike and discusses the price movement of sterling.

  • BoE should nudge up rates now: Pro

    Ruth Lea, economic advisor at Arbuthnot Banking Group, argues that it is time for the Bank of England to start normalizing rates.

  • BoE guidance 'dull and repetitive': Carney

    Bank of England governor, Mark Carney, defends the central bank's forward guidance and says that it's been "entirely consistent" for months and therefore "dull and repetitive".

  • UK wage growth 'remarkably weak': Carney

    Mark Carney, governor at the Bank of England, says that although slack in the labor market is being used up faster than expected, productivity and wage growth have been "remarkably weak".

  • Mark Carney on housing market risk

    The risk surrounding the U.K. housing market is a "medium term risk" to the economy's recovery, Mark Carney, governor at the Bank of England replies to CNBC.

  • BoE faces 'a conundrum': Economist

    Robert Wood, chief U.K. economist at Berenberg, reacts to the latest U.K. unemployment and wage growth numbers and discusses what it means for the Bank of England.

  • Why is wage growth so low in the UK?

    Ian Temple, chairman and co-founder of Hydrogen, says there is a rise in U.K. employment and labor participation which hasn't caused upward pressure on wages.

  • The wage growth puzzle facing BoE's Carney

    David Owen, chief European economist at Jefferies International, discusses why wages aren't rising in the U.K. and what this could mean for an interest rate hike.

  • 'Comfortable' with UK rate hike if wages rise: Pro

    Melanie Baker, U.K. economist at Morgan Stanley, says a rise in wages would make the market "comfortable" with an interest rate rise in the U.K.

  • BoE: Could it be the end of the consensus?

    Martin Beck, senior U.K. economist at Oxford Economics, says that one or two members of the Bank of England's Monetary Policy Committee could vote in favor of a rate hike on Thursday.

  • Wage growth 'crucial' to UK rate hike: Pro

    Simon Wells,chief U.K. economist at HSBC, says that until there is a rise in real terms income, the Bank of England will be "cautious" about raising interest rates.

  • BoE to raise rates in November?

    Michael Sneyd, foreign exchange strategist at BNP Paribas, comments on the U.K. economy following the release of the latest manufacturing data.

  • Central banks not answer to growth: Ex-BoE head

    Former Bank of England governor Mervyn King, says central banks are not the answer to stimulating global growth.

  • Mark Carney a 'splendid governor': Ex-BoE head

    Former Bank of England governor Mervyn King, says current governor Mark Carney is "splendid".

  • A BoE August rate hike would be a 'shock': Pro

    Simon Wells, chief U.K. economist at HSBC, says the Bank of England is unlikely to raise interest rates in August.

  • Has the BoE 'taken a step back'?

    Geoffrey Yu, foreign exchange strategist at UBS, comments on the latest minutes from the Bank of England and on how they could affect sterling.

  • Markets are betting on a BOE rate hike: SocGen

    Sebastien Galy, Senior Currency Strategist at Societe Generale, says the sterling has priced in a rate hike by the Bank of England, which will likely occur in the fourth quarter.

  • UK economy 'going like a train': Pro

    Ruth Lea, economic advisor at Arbuthnot Banking Group, says the economy is "going like a train" and the Bank of England should raise rates soon.

  • Ex-BoE member on MPC voting, forward guidance

    DeAnne Julius, former member of the of the monetary policy committee of the Bank of England, says now is not the right time for forward guidance, adding that the BoE's independence is at risk if members keep voting unanimously.

  • UK interest rate hike a 'bad idea': BCC

    John Longworth, director general of the British Chambers of Commerce, says that an interest rate rise in the U.K. would hit spending and affect businesses.